FINOLEX INDUSTRIES LTD SHARE PRICE [LIVE]
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My investment would be worth ₹ 1,41,900 with a Gain of 41.90 %
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What is the Share price of FINOLEX INDUSTRIES LTD (FINPIPE)?
Can I buy FINOLEX INDUSTRIES LTD (FINPIPE) shares?
How do I buy FINOLEX INDUSTRIES LTD (FINPIPE) from Angel One?
- Direct investment: You can buy FINOLEX INDUSTRIES LTD (FINPIPE) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to FINOLEX INDUSTRIES LTD (FINPIPE) shares.
Is Finolex Industries a Debt free Company?
No, Finolex Industries is not a debt free company.
What is the main business of Finolex Industries?
The main business of Finolex Industries is to manufacture plumbing and sanitation pipes, agriculture pipes, and make associated fittings.
Who are the promoters of Finolex Industries?
The main promoters of Finolex Industries are Finolex Cables Limited, Orbit Electricals Private Limited, Katara Aruna Mukesh, Vijay Kishandas Chhabria, Katara Dental Private Limited, Prakash Pralhad Chhabria, Deepak Kishan Chhabria, Kavita Sanjay Raheja, Gayatri Prakash Chhabria, Priya Vijay Chhabria, Hansika Hiya Prakash Chhabria, and Amit Katara.
About FINPIPE
Today's live share price for FINOLEX INDUSTRIES LTD is NSE: ₹ 170.60, BSE: ₹ 170.75 with a current market capitalization of .
Finolex Industries Ltd(formerly Finolex Pipes Ltd),was incorporated in 1981 and has been engaged in the Plastics business since then.Beginning as a modest rigid PVC pipe manufacturer,FIL went on for backward integration and now manufactures PVC resin too. They offer a wide range of PVC pipes and fittings suitable for diverse applications in agriculture, housing, and telecommunication. They are having their manufacturing facilities Pune and Ratnagiri in Maharashtra. The company is the largest PVC pipe manufacturer in the country.The company entered into a technical collaboration with UHDE, Germany, for licensing and technical know-how of Hoechst`s process for manufacturing PVC resin and providing basic engineering. During the year 1999-2000, the company commissioned their new PVC extruded, rigid pipes plant at Ratnagiri in Maharashtra. Also, they commissioned an additional EDC cracker during the year. During the year 2001-02, they divested their two shares of Rs 10 each in Finolex Polymers Ltd. Consequently, Finolex Polymers Ltd ceased to be the subsidiary of the company. During the year 2003-04, the company signed License and Technical Service Agreement with Oxy Vinyl, USA. They signed Technical agreement with Aker Kvaerner Netherlands for Basic Engineering and Design Development for the VCM plant. Also, for Detailed Engineering Site Supervision, Procurement, Management etc for the PVC Plant, they signed with Udhe India Ltd. During the year 2005-06, the company signed a Letter of Intent with I M Skaugen ASA, Norway for carrying out a study for viability and cost effectiveness of the planned LNG Supply Chain intended to be set up in India. In February 2006, PVC expansion project commenced production of PVC resin. During the year 2006-07, the company expanded their PVC Pipes capacity from 65,000 MT to 85,000 MT. Also, they acquired 20 acres of land at Urse for setting up of a new plant for manufacturing of PVC Pipes. In May 2008, the new plant for manufacture of PVC pipes at Urse became operational and the installed capacity for manufacturing of PVC pipes reached 100000 MT per annum. The company is in the process of setting the power plant of 43 MW at PVC plant, Ratnagiri. The project is under construction.
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